10-K · February 18, 2026
Cinemark positions itself as a market-leading, geographically diversified theatrical exhibitor emphasizing premium auditorium upgrades, loyalty monetization, and disciplined capital allocation. The 2025 filing…
Earnings analysis · 10-Q
CNK earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
Cinemark Holdings, Inc. reported significant year-over-year growth in Q1 2026 with total revenue increasing to $643.1 million, up 18.9% from $540.7 million in Q1 2025. Operating income recovered to $23.5 million despite…
Read full summary
Cinemark Holdings, Inc. reported significant year-over-year growth in Q1 2026 with total revenue increasing to $643.1 million, up 18.9% from $540.7 million in Q1 2025. Operating income recovered to $23.5 million despite fluctuations in attendance and mixed segment performance. EPS of -$0.05 fell short of analyst expectations of -$0.05, indicating continued challenges in the theatrical segment despite a generally positive revenue trajectory.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.05
- Operating margin
- 3.7%
- Segment
- U.S. Markets
- Segment
- International Markets
What stood out
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Significant Revenue Growth
Q1 2026 revenue reached $643.1 million, up 18.9% from $540.7 million in Q1 2025.
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Operating Margin Recovery
Operating income improved to $23.5 million, compared to a loss of $19.2 million in Q1 2025.
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Improved Concession Revenue
Total concession revenue surged to $255.2 million, a 21.3% increase from $210.4 million year-on-year.
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U.S. Segment Growth
U.S. revenue increased by 23.4% to $514.7 million, driven by increased admissions and concession sales.
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Lower Cash Used in Operations
Cash used for operating activities decreased significantly to $20.4 million in Q1 2026 from $119.1 million in Q1 2025.
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Increased Capex
Capital expenditures rose to $37.5 million from $15.3 million year-over-year, reflecting ongoing enhancements.
What to watch
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International Revenue Decline
International segment attendance dropped to 14.9 million from 16.0 million, resulting in slower revenue growth of 3.9%.
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Higher Operating Costs
Operating costs increased to $619.6 million, impacting margins, especially with increased film rental costs.
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Cash Flow Challenges
Despite improved cash flows, operating cash used shows that the company still faces liquidity pressures.
Management's outlook
Management indicates potential challenges in future quarters due to variability in film slate and macroeconomic pressures.
Earlier filings 4
10-Q · November 5, 2025
Cinemark reported Q3 2025 results with revenues of $857.5 million, up from $922 million in Q3 2024, reflecting a decline year-over-year. The Company posted a net income of $50.5 million, which translates to a diluted…
10-Q · August 1, 2025
Cinemark reported strong Q2 operational results with revenue of $940.5M (vs $734.2M YoY) and operating income of $173.5M (vs $82.9M YoY), driving diluted EPS of $0.63. Cash and liquidity remain sizable at $931.6M of…
10-Q · May 2, 2025
Cinemark reported Q1 2025 revenue of $540.7M and a net loss attributable to holders of $38.9M (EPS -$0.32). The company swung to an operating loss of $19.2M from operating income of $17.6M a year earlier and used cash…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.